This week, there aren't going to be many significant for the market events. However, there are some, worth paying attention to. For example, the development of Saudi Arabian political scandal.
On October 7th, there was an updated OPEC forecast for the world oil market. Besides, on October 7th, the U.S. EIA short-term outlook was scheduled.
On Wednesday, in Russia, financial reports by the leading banks (MCX:SBER and MCX:VTBR) will be published as well as data on inflation and trading balance for October.
On Thursday, in China, data on consumer prices growth and producer prices indexes will be released. Market participants can assess the consequences of the increase in business index.
On Friday, in Vietnam, there will be APEC summit. This event is important for the market, as the Russian and the American presidents’ meeting is expected at the summit. Besides, it is the first Donald Trump’s presidential trip to Asia.
In addition, the investors attention is still drawn to the details of the tax reform implementation in the USA. As is known, the changes, proposed by the American president, will significantly reduce taxes. The draft bill was published by the Republicans and was put forward for adoption.